Tricks For Getting Good Deals and Saving Money


With many big financial providers out there, as well as insurers and energy providers, we can be left feeling a little confused about what offers are available to us. It can seem like quite a hassle to have to change insurer or bank every year or even every few months. So many people just stick with what they know as it is simpler. While that is true, it can be more straightforward to do so; it can actually be costing you a lot of money to stay loyal to your bank or an insurer. With these types of thing, loyalty gets you nowhere. So here are some tips and things to look out for, when it comes to renewing things like your insurance. With a little determination and time, you can be saving yourself quite a bit of cash.

Don’t Auto-Renew

One of the worst things you can do for any policy that you have, whether that be breakdown cover or home insurance, is to auto-renew. You will get a reminder that your policy is due for renewal, about a month before it expires. They will tell you how much the new policy will cost and then if you don’t do anything about it, the policy will auto-renew, and you’ll be tied in for another length of time. So avoid auto-renewing at all costs. Do your research and find out if they are offering you a good deal or not. The chances are that they aren’t though, as loyalty to these kinds of firms gets you nowhere. Then you can cancel in time when you have found a better deal.

Use Comparison Sites

Because there is money to be made from comparison, there are many comparison sites out there for things like car insurance to airlines. So when it comes to renewing an insurance policy or looking for the best energy provider, you need to be checking comparison sites. Save yourself some of the legwork and check out comparison sites, much like http://selectra.co.uk/ and http://gocompare.co.uk/. You can input all of your data with the requirements that you need, and then you can check what is going to work best for you. You can check contract length, premiums, as well as anything additional that you might need to cover in a claim.

Switch Things Up

Some insurers will get you in for a contract, usually around a year. But there are many companies or providers where there is no contract. Your energy provider may not have you in a set contract, so look to switch to the best one to save. In that instance, you might want to get yourself into a contract so that you can have a fixed price for a certain length of time. But for other things, like your bank account, you can easily switch your account and save, often making money. Several banks offer you money to switch to them, so who doesn’t want cash for doing very little in exchange?

No comments

Back to Top